On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin Miners Index. “MNRS provides exposure to Bitcoin Miners and the global Bitcoin mining industry at a time when we’re seeing unprecedented interest and growth in...Read More
The altcoin market witnessed intense growth in January following Donald Trump’s return to the White House. In January, the Official Trump meme coin gained significant spotlight as it recorded multiple ATHs in a few hours. As a result, January was a rocky month for the market. Several cryptocurrencies reached record highs only to drop significantly...Read More
Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities laws. The suit, filed on January 30, alleges that every token created through Pump.fun constitutes an unregistered security, from which the platform has profited nearly $500 million in fees. Alleged Securities Violations and Investor Losses...Read More
The Czech Republic’s central bank head recently echoed statements he made earlier in January boasting plans for the Central European nation to begin stockpiling Bitcoin, in remarks published by the Financial Times Wednesday. On Thursday, the Czech National Bank (CNB) said it would start analyzing the prospects of introducing additional asset classes to its reserve,...Read More
Kraken is bringing back crypto staking to the United States with a new product available in 37 states and two territories. Starting January 30th, eligible users can stake select cryptocurrencies through Kraken Pro. This involves bonded staking, where assets are locked to a network for a set period. Kraken delegates these assets to validators, who...Read More
[PRESS RELEASE – Willemstad, Curaçao, January 31st, 2025] Whale Casino has announced the launch of “Lootboxes,” its latest feature designed to incorporate elements of video game mechanics into the casino experience. With “Lootboxes,” players can purchase boxes, each guaranteed to contain a prize, ranging from in-game credits to exclusive items, all while contributing to the...Read More
Stablecoin issuer Tether has announced the integration of USDT into Bitcoin’s ecosystem, including its base layer and the Lightning Network. This integration utilizes Taproot Assets, a protocol powered by Bitcoin’s Taproot upgrade and developed by Lightning Labs. The announcement was made during a fireside chat at the first Plan ₿ Forum in El Salvador by...Read More
Frog-themed cryptocurrencies continue to dominate the market, and FRIC ($FRIC) is the latest to experience a massive surge. The token has jumped more than 36% in the past 24 hours, bringing its price to $0.02822, according to data from CoinGecko. The rally comes after strong trading volume and growing market demand, solidifying $FRIC as one...Read More
Grayscale has applied to the U.S. Securities and Exchange Commission (SEC) to change its XRP Trust into an exchange-traded fund (ETF) on NYSE Arca. According to a filing lodged with the regulatory agency, the XRP Trust is among the largest investment instruments anchored to Ripple’s native token, with more than $16 million in assets under...Read More
As bitcoin’s price consolidates and traders speculate about the asset’s next trajectory, the market intelligence platform Santiment has highlighted how supply distribution trends can offer insights into the cryptocurrency’s price movement. Supply distribution data shows how different groups of investors hold cryptocurrencies. This metric takes into account the wallet sizes of small and large investors,...Read More